Turkish entrepreneurs' foreign investments totaled $43.9B last year

ISTANBUL

Turkish entrepreneurs' foreign investments amounted to $43.9 billion last year, according to a research conducted by the Turkish Trade Ministry.

In 2020, Turkish entrepreneurs made 2,118 investments in 124 countries, Trade Minister Mehmet Mus said Monday.

Turkish investments provided employment for around 158,000 people in 2020, according to the ministry's statement.

"Our exports through Turkish investments abroad amounted to $6.4 billion in 2020, the turnover of investments reached $35 billion," the minister said.

Turkey's companies have become global actors with their investments abroad, increasing their competitiveness in the world markets, he added.